RWA Wealth Partners LLC Trims Stock Holdings in iShares S&P 500 Value ETF $IVE

RWA Wealth Partners LLC lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% in the third quarter, HoldingsChannel.com reports. The fund owned 109,219 shares of the company’s stock after selling 8,247 shares during the quarter. RWA Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $22,555,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. REAP Financial Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 9.7% during the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after purchasing an additional 48 shares during the period. Dumont & Blake Investment Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 0.5% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after buying an additional 49 shares during the period. Signal Advisors Wealth LLC raised its position in iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares during the last quarter. Rossby Financial LCC raised its position in iShares S&P 500 Value ETF by 7.5% during the 3rd quarter. Rossby Financial LCC now owns 757 shares of the company’s stock worth $157,000 after buying an additional 53 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its stake in iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after acquiring an additional 59 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $221.07 on Wednesday. The firm has a market capitalization of $49.94 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The company’s fifty day moving average price is $216.92 and its 200-day moving average price is $210.28.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.